The recently-signed Cambodia-China Free Trade Agreement (FTA) and the Regional Comprehensive Economic Partnership (RCEP) free trade pact are expected to be a key driver to reboot Cambodia's economic growth in the post-COVID-19 era.
Cambodian exporters are hopeful that a free trade agreement with the Republic of Korea (RoK) will boost trade between the nations and attract more investment into the Cambodia, local media reported.
Ministers from 11 countries joining the TPP are scheduled to gather in Hanoi on May 21, with Japan pushing for the free trade pact to be put into force as soon as possible without the US.
The Vietnam – Republic of Korea Free Trade Agreement (VKFTA) signed on
May 5 reflects a high level of commitment from both sides and is set to
both challenge and benefit the Vietnamese economy in the future.
Vietnamese business owners gathered at a workshop in Hanoi on May 21 to
learn more details of the recently-signed Vietnam–Republic of Korea Free
Trade Agreement (VKFTA), making it easier for them to reshape their
business strategies in anticipation of opportunities ahead.
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